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Greater Cannabis Company, Inc. (GCAND) Return on Equity (2017 - 2022)

Greater Cannabis Company (GCAND) has 6 years of Return on Equity data on record, last reported at 0.85% in Q3 2022.

  • For Q3 2022, Return on Equity fell 355.0% year-over-year to 0.85%; the TTM value through Sep 2022 reached 0.85%, down 355.0%, while the annual FY2021 figure was 1.61%, 57.0% up from the prior year.
  • Return on Equity reached 0.85% in Q3 2022 per GCAND's latest filing, down from 1.05% in the prior quarter.
  • Across five years, Return on Equity topped out at 4.57% in Q2 2021 and bottomed at 0.46% in Q1 2021.
  • Average Return on Equity over 5 years is 1.64%, with a median of 1.4% recorded in 2020.
  • Peak YoY movement for Return on Equity: skyrocketed 379bps in 2021, then crashed -355bps in 2022.
  • A 5-year view of Return on Equity shows it stood at 1.33% in 2018, then rose by 14bps to 1.51% in 2019, then grew by 29bps to 1.94% in 2020, then fell by -16bps to 1.62% in 2021, then plummeted by -48bps to 0.85% in 2022.
  • Per Business Quant database, its latest 3 readings for Return on Equity were 0.85% in Q3 2022, 1.05% in Q2 2022, and 1.17% in Q1 2022.